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Jul 9, 2012
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contributor to our deficit. costing us a trillion dollars over the next decade. by the way, these tax cuts for the wealthiest americans are also the tax cuts that are least likely to promote growth. so we can't afford to keep that up, not right now. so i'm not proposing anything radical here. i just believe that anybody making over $250,000 a year should go back to the income tax rates we were paying under bill clinton. back when our economy created nearly 23 million new jobs, the biggest budget surplus in history, and plenty of millionaires to boot. and this is not just my opinion. the american people are with me on this. poll after poll shows that is the case. and there are plenty of patriotic and very success actual, very wealthy americans who also agree, because they know that by making that kind of contribution they are making the country as a whole stronger. at the same time most people agree that we should not raise taxes on middle class families or small businesses, not when so many folks are just trying
contributor to our deficit. costing us a trillion dollars over the next decade. by the way, these tax cuts for the wealthiest americans are also the tax cuts that are least likely to promote growth. so we can't afford to keep that up, not right now. so i'm not proposing anything radical here. i just believe that anybody making over $250,000 a year should go back to the income tax rates we were paying under bill clinton. back when our economy created nearly 23 million new jobs, the biggest...
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Jul 10, 2012
07/12
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that leaves us with a budget deficit estimated for the current fiscal year at $1.2 trillion. now we are facing another deadline while president obama is facing re-election. the president says he wants to extend the cuts one more year, but not for everyone, setting up an election debate on tax policy, deficits and the best way to get americans back to work. let's talk about all this with douglas holtz aiken a former director of the congressional budget office. rob shapiro served as an undersecretary of commerce in the clinton administration. doug, you say that what the president proposes regarding raises taxes on those who make more than $250,000 a year, you say that is attacking the engine of economic prosperity in this country. can you explain? >> i think it's unwise to raise taxes in an economy as weak as this. and the president recognized that in 2010. he'd be wise to recognize it again. when we talk about raising the top two marginal tax rates it's important to recognize that many small businesses are taxed by those tax rates and about 53% of the business income that is r
that leaves us with a budget deficit estimated for the current fiscal year at $1.2 trillion. now we are facing another deadline while president obama is facing re-election. the president says he wants to extend the cuts one more year, but not for everyone, setting up an election debate on tax policy, deficits and the best way to get americans back to work. let's talk about all this with douglas holtz aiken a former director of the congressional budget office. rob shapiro served as an...
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Nov 9, 2012
11/12
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. >> well, clearly, the deficit is a drag on our economy. and we can't continue to spend money that we don't have. i, i don't want to box myself in, i don't want to box anybody else in. i think it is important for us to come to an agreement with the president but this is his opportunity to lead. >> mr. speaker? >> no, no. you violated rules. disqualified. yes, sir. >> notably the other day, you made a point -- revenue at least on the table. can you give us an idea -- [inaudible] if tax rates are not on the table are you talking about going after deductions? >> it is clear there are a lot of special interest loopholes in the tax code both corporate and personal. it is also clear that there are all kinds of deductions, some of which make sense, others don't. and by lowering rates and cleaning up the tax code we know that we're going to get more economic growth. it will bring jobs back to america. it will bring more revenue. we also know that if we clean up the code, make it simpler, the tax code will be more efficient. the current code only co
. >> well, clearly, the deficit is a drag on our economy. and we can't continue to spend money that we don't have. i, i don't want to box myself in, i don't want to box anybody else in. i think it is important for us to come to an agreement with the president but this is his opportunity to lead. >> mr. speaker? >> no, no. you violated rules. disqualified. yes, sir. >> notably the other day, you made a point -- revenue at least on the table. can you give us an idea --...
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Nov 28, 2012
11/12
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we have a $1.2 billion deficit. one of the things i'm hearing from my republican sources over the last few days is they say the president isn't talking about spending cuts. wasn't it interesting in his remarks today i don't think the president mentioned cutting spending one time. so the republicans are saying wait a minute all the president wants to do is raise these taxes on small businesses and i vesters and quote rich people. on the other hand he's not putting on the table any reductions in spending or entitlements. and i think we all know, whether you're a democrat, republican, independent we have to start chopping these programs and reforming them or we will surrender to an ocean of debt. jenna: when does that moment of reckoning come? is it here now? that's the big question? >> i don't think it's here now. i think the window is khroeusing and i think there is a lot of frustration that we can't seem to come to an agreement. just one example, jenna, the president in the negotiations has said well social security
we have a $1.2 billion deficit. one of the things i'm hearing from my republican sources over the last few days is they say the president isn't talking about spending cuts. wasn't it interesting in his remarks today i don't think the president mentioned cutting spending one time. so the republicans are saying wait a minute all the president wants to do is raise these taxes on small businesses and i vesters and quote rich people. on the other hand he's not putting on the table any reductions in...
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Feb 17, 2012
02/12
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jon: i think that's how they emptied the roman empire by lots of deficits. thank you. jenna: new information about who is behind the media watchdog, media matters for america. doug abg elway has more on this. >> reporter: the latest installment on media matters for america. since 2003 media matters has collected $28.8 million from donations from far eft interest groups and donors. because it pays no income tax it has to meet certain standards to maintain its tax exempt status. the tax code says it must not, or be any organization must not attempt to influence legislation as a substantial part of its activities or participate in any campaign activity for or against political candidates. but interpretation of that tax code is very complex. some in congress are now reportedly considering hearings to examine media matters tax exempt status including the ranking republican, charles grassley. he said the standards for tax exemption deserve a review as a part of good stewardship on the part of congress. and it should be considered as a part of any tax reform. here is a look a
jon: i think that's how they emptied the roman empire by lots of deficits. thank you. jenna: new information about who is behind the media watchdog, media matters for america. doug abg elway has more on this. >> reporter: the latest installment on media matters for america. since 2003 media matters has collected $28.8 million from donations from far eft interest groups and donors. because it pays no income tax it has to meet certain standards to maintain its tax exempt status. the tax...
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Jun 28, 2012
06/12
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and even with those cuts and tax increases obamacare adds trillions to our deficits and to our national debt. and pushes those obligations on to coming generations. obamacare also means that for up to 20 million americans they will lose the insurance they currently have, the insurance that they like and they want to keep. obamacare is a job killer. businesses across the country have been asked what the impact is of obamacare. three-quarters of those surveyed by the chamber of commerce said obamacare makes it less likely for them to hire people. and perhaps most troubling of all, obamacare puts the federal government between you and your doctor. for all those reasons, it's important for us to repeal and replace obamacare. what are some of the things that we'll keep in place and must be in place in a reform, a real reform of our health care system? one, we have to make sure that people who want to keep their current insurance will be able to do so. having 20 million people up to that number of people lose the insurance they want is simply unacceptable. number two, gotta make sure that tho
and even with those cuts and tax increases obamacare adds trillions to our deficits and to our national debt. and pushes those obligations on to coming generations. obamacare also means that for up to 20 million americans they will lose the insurance they currently have, the insurance that they like and they want to keep. obamacare is a job killer. businesses across the country have been asked what the impact is of obamacare. three-quarters of those surveyed by the chamber of commerce said...
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Oct 3, 2012
10/12
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and the deficit, is what we are already owe, what we owe. i don't know. >> they will talk about the fiscal cliff. do you know what that actually is? >> i do not of the have no include about that. >> i am from washington and have no clue. >> reporter: what about medicare and medicaid? >> my parents do my health insurance. i know about abortion and gay marriage. >> less about details and policy but more what the kind of person a presidential candidate is. >> reporter: he says debates are often about impressions, not words. they remember gore's sighing and awkward body language and impatient george bush checking his watch. >> who am i? why am i here. >> reporter: and one-liners. >> jack kennedy was a friend of mind. senator, you're no jack kennedy. >> i'm not going to exploit for political purposes, my opponent's youth and inexperience [laughing] >> people translated statements and gestures into insight into a candidate's character. it's all about character. >> reporter: now it is not that voters value style over substance but remember some of
and the deficit, is what we are already owe, what we owe. i don't know. >> they will talk about the fiscal cliff. do you know what that actually is? >> i do not of the have no include about that. >> i am from washington and have no clue. >> reporter: what about medicare and medicaid? >> my parents do my health insurance. i know about abortion and gay marriage. >> less about details and policy but more what the kind of person a presidential candidate is....
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Nov 30, 2012
11/12
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and i want to do all this while bringing down our deficits in a balanced and responsible way. [applause] now, on this last point you've probably heard a lot of talk in washington and in the media about the deadlines that we're facing on jobs and taxes and investments. this is not some run-of-the-mill debate. this isn't about which political party can come out on top in negotiations. we've got important decisions to make that are going to have a real impact on businesses and families all across the country. our ultimate goal, our long-term goal is to get our long-term deficit under control in a way that is balanced and is fair. that'd be with good for businesses, for our economy, for future generations. and i believe both parties can and will work together in the coming weeks to get that done. we know how that gets done. we're going to have to raise a little more revenue, we've got to cut out spending we don't need building on the trillion dollars of spending cuts we've already made, and if we combine those two things, we can create a path where america's paying its bills while
and i want to do all this while bringing down our deficits in a balanced and responsible way. [applause] now, on this last point you've probably heard a lot of talk in washington and in the media about the deadlines that we're facing on jobs and taxes and investments. this is not some run-of-the-mill debate. this isn't about which political party can come out on top in negotiations. we've got important decisions to make that are going to have a real impact on businesses and families all across...
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Oct 15, 2012
10/12
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in spending and the deficit. in wisconsin today, just a few minutes ago, vice-presidential running mate paul ryan dinged the president adding what he said was $5 trillion to the deficit and the debt over the past four years. >> not only do we have a string of broken promises, not only do we have a string of a lack of leadership, this debt is not only hurting our economy today, it is guaranteeing that these young kids who are getting their halloween costumes, are going to go out and trick and treating have a diminished future. >> reporter: governor romney's plan at the debate to continue to highlight the stark differences jim lehrer pointed out between the two candidates at first debate, stark differences that the governor continues to highlight on the campaign trail, jenna. jenna: we saw that a little bit with paul ryan. what about the president? >> reporter: the president will be much more engaged the first time around, no question about it. you heard the word aggressive. that is a lot what we'll see but you hav
in spending and the deficit. in wisconsin today, just a few minutes ago, vice-presidential running mate paul ryan dinged the president adding what he said was $5 trillion to the deficit and the debt over the past four years. >> not only do we have a string of broken promises, not only do we have a string of a lack of leadership, this debt is not only hurting our economy today, it is guaranteeing that these young kids who are getting their halloween costumes, are going to go out and trick...
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Nov 27, 2012
11/12
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that is not the federal budget deficit you're looking at. the powerball jackpot reaches $425 million. the latest on the big drawing just ahead. jenna: now we turn to the latest on the new health care law. the supreme court ordering the fourth circuit court of appeals to take a second look at liberty university's challenge of the health care law. the christian school believes americans should not be required to purchase health insurance and employers should not be forced to provide it if there are religious objections to certain provisions like birth control that are part of the health care they're providing. the move could open the door for president obama's health care law to be backed before the supreme court late next year. david rifkin is a constitutional law attorney and former white house counsel under presidents reagan and george h.w. bush. nice to have you with us today. >> good to be with you. jenna: how strong is liberty's case here? >> well, first of all it is entirely appropriate and expected the case would go forward give the fa
that is not the federal budget deficit you're looking at. the powerball jackpot reaches $425 million. the latest on the big drawing just ahead. jenna: now we turn to the latest on the new health care law. the supreme court ordering the fourth circuit court of appeals to take a second look at liberty university's challenge of the health care law. the christian school believes americans should not be required to purchase health insurance and employers should not be forced to provide it if there...
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Jun 25, 2012
06/12
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at the same time, he is serious about debt and deficits. this is sort of the big picture argument that i think some republicans and conservatives are urging the romney campaign to embrace. talk about the way that the president is leading on debt and deficits. he's done this a little bit. he did events down in florida where he had the debt clock over his shoulder e. made the argument that the president has exacerbated our debts, that it's about leadership and not narrow stewardship about our economy. gregg: steven harks ayes, thanks very much. jenna: tropical storm debby is already growing in the gulf of mexico, spinning and churning at this hour and hitting florida quite hard already with battering surf, flooding rainfall and triggering deadly tornadoes near tampa as well. right now folks are trying tow pack up and head to higher ground. not our phil keating. >> reporter: unfortunately florida is the lowest on average elevation state in the nation. there is not much high ground to go to. last night very violent storm activity here in st. pe
at the same time, he is serious about debt and deficits. this is sort of the big picture argument that i think some republicans and conservatives are urging the romney campaign to embrace. talk about the way that the president is leading on debt and deficits. he's done this a little bit. he did events down in florida where he had the debt clock over his shoulder e. made the argument that the president has exacerbated our debts, that it's about leadership and not narrow stewardship about our...
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Sep 24, 2012
09/12
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hi, dan. >> reporter: hi, patti ann to close a $3 billion budget deficit washington state's governor has proposed yanking all funding from state parks. it would be the first state park system to go completely off the public doll. there are 117 parks in washington with some of the best scenery anywhere in the country. life-long bureau krats have to make them self sustaining. they are streamlining operations, charging for day use. charging more for the peak season and less for the off season. in short they are thinking like the private sector. >> we just developed a new partnership division, we just started marketing. we have to develop new skill sets that we've never had to develop before. we were never in the competition business. >> reporter: as they compete for that leisure spending opponents are afraid the natural beauty will be turned into theme parks, less access the least profitable spots and a lot fewer rainers. other states like california have private tied the operation of some of their parks and several parks are being run by private companies and the company generally sees
hi, dan. >> reporter: hi, patti ann to close a $3 billion budget deficit washington state's governor has proposed yanking all funding from state parks. it would be the first state park system to go completely off the public doll. there are 117 parks in washington with some of the best scenery anywhere in the country. life-long bureau krats have to make them self sustaining. they are streamlining operations, charging for day use. charging more for the peak season and less for the off...
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Dec 4, 2012
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jenna: "happening now", house republicans are putting their offer on the table to cut the deficit and avoid the fiscal cliff. it calls for collecting an additional $800 billion in revenue over 10 years without raising tax rates. and that's balanced by the reduction of $800 billion in spending from federal programs. a lot of ins and outs there. we just tried to boil it down for you because in all the republican plan will cut the deficit by $1.6 trillion. so far democrats are uninspired by this. here is what democratic congressman chris van hollen of maryland had to say last night on "special report". >> the big difference, bret, between the way the president proposed to deal with medicare and the republicans, the republican plan, their definition of reform is simply to pass rising health care costs onto the backs of seniors. our view, you can modernize the medicare system to change incentives to move a system not strictly fee-for-service. jenna: congresswoman cathy mcmorris rodgers from washington state, congresswoman, is that what you're trying to do? >> we're about saving these entit
jenna: "happening now", house republicans are putting their offer on the table to cut the deficit and avoid the fiscal cliff. it calls for collecting an additional $800 billion in revenue over 10 years without raising tax rates. and that's balanced by the reduction of $800 billion in spending from federal programs. a lot of ins and outs there. we just tried to boil it down for you because in all the republican plan will cut the deficit by $1.6 trillion. so far democrats are uninspired...
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Oct 4, 2012
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in order to reduce the deficit and balanced way. mitt romney does the opposite. jon: all right. >> recommitted last night to not asking the wealthiest for a dime to reduce the deficit. jon: ben labolt, spokesman for obama for america, the president's campaign. thank you. >> thanks for having me, jon. jenna: all right. we'll continue having that conversation right. a lot to think about from both of those folks for the campaign. >> the back and forth continues. jenna: well a manhunt is on for a suspected terrorist. fbi is offering a $50,000 reward for help finding the man on your screen. he is accused of supporting al qaeda and considered extremely dangerous. >>> ebelieved there was religiousification for suicide bombings. he attended tripping camp as and pakistan. he traveled to convicted coconspirator to yemen for the same purpose >> right now the fbi is searching for a suspected terrorist with apparent links to al qaeda. ahmad abousamara is u.s. citizen. according to fbi he made several trips overseas to train with terrorists. he m
in order to reduce the deficit and balanced way. mitt romney does the opposite. jon: all right. >> recommitted last night to not asking the wealthiest for a dime to reduce the deficit. jon: ben labolt, spokesman for obama for america, the president's campaign. thank you. >> thanks for having me, jon. jenna: all right. we'll continue having that conversation right. a lot to think about from both of those folks for the campaign. >> the back and forth continues. jenna: well a...
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Dec 13, 2012
12/12
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you still wouldn't take away half of the deficits we've been running for the last years. you've got to have spending reform. jon: very good point. kimberly strassel, we always enjoy reading your columns in the "wall street journal." and i know this whole mess will give you a lot more to write about in the weeks to come. >> unfortunately, yes, thanks for being with us. we're continuing to keep an eye on the podium outside speaker boehner's office where he is expected to step up to the microphone and give us any minute. we hope there will be good news. what do you think, jenna, are chances of that? >> i'm not a betting woman, jon. i will bet as soon as rick starts talking in a second we'll see boehner and have to interrupt rick. rick will join us. have you ever noticed sometimes when the television is on, you're watching a show, rick, and goes to commercial break and blasted off the couch because the volume is so high. apparently we have a change that we can share with our viewers, some good news perhaps. >> reporter: good news starting today. we should start off this is no
you still wouldn't take away half of the deficits we've been running for the last years. you've got to have spending reform. jon: very good point. kimberly strassel, we always enjoy reading your columns in the "wall street journal." and i know this whole mess will give you a lot more to write about in the weeks to come. >> unfortunately, yes, thanks for being with us. we're continuing to keep an eye on the podium outside speaker boehner's office where he is expected to step up...
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Oct 12, 2012
10/12
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we believe millionaires should pay their fair share in order to reduce the deficit. jon: but isn't it true that the president's, isn't it true that the president's tax plans calls for increasing taxes on those, $250,000? >> he was providing an example of who he asked to pay their fair share in order to reduce the deficit. if you make $250,000, or less, your taxes won't go up. that is contrast with governor romney and congressman ryan who charged the average middle class family with kids $2,000 in order to pay for their tax cut for the wealthiest americans. jon: i want to play a quick clip from my colleague chris wallace and get your reaction. >> i think i have watched almost every presidential and vice-presidential debate since the first four kennedy-nixon debates in 1960, thinking back over the last few minutes i don't believe i have ever seen a debate in which one participant was openly disrespectful of the other as biden was to paul ryan tonight. that's what it was. you can talk about the smirks, smiles, head shaking, the mugging, it was openly, contemptuous and d
we believe millionaires should pay their fair share in order to reduce the deficit. jon: but isn't it true that the president's, isn't it true that the president's tax plans calls for increasing taxes on those, $250,000? >> he was providing an example of who he asked to pay their fair share in order to reduce the deficit. if you make $250,000, or less, your taxes won't go up. that is contrast with governor romney and congressman ryan who charged the average middle class family with kids...
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Jun 29, 2012
06/12
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the congressional budget offices mate the healthcare law will decrease the federal budget deficit by $143 billion over ten years. it's expected the cost of insurance coverage will go up by $788 billion. that amount would be offset by a $511 billion decrease in spending and a $420 billion increase in revenue over the same period. lots of billions in all of that. here to help us understand what the ruling means for the overall federal deficit and your pocketbook, texas congressman jeb henserling. are taxes, congressman going up as a result of this healthcare ruling? >> well, they absolutely are. they already were to hundreds of billions of dollars, and now the supreme court in what appears to be somewhat tortured logic has said a fine is a tax, they are going up even further. we know number one the congressional budget office the has $800 billion of taxes. an average family of four is paying $2,200 more in insurance premiums. the bottom line is the affordable care act is not so affordable for taxpayers, for families and for our dwindling federal treasury, aside from its constitutionali
the congressional budget offices mate the healthcare law will decrease the federal budget deficit by $143 billion over ten years. it's expected the cost of insurance coverage will go up by $788 billion. that amount would be offset by a $511 billion decrease in spending and a $420 billion increase in revenue over the same period. lots of billions in all of that. here to help us understand what the ruling means for the overall federal deficit and your pocketbook, texas congressman jeb henserling....
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Nov 29, 2012
11/12
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jenna: we heard a lot of different strategies, haven't we, doug, the ways to tackle the debt and deficit. is there any alternative that really exists besides cutting government waste and spending? >> reporter: one potential avenue they could take would be to actually fall off the fiscal cliff. that would necessarily make the difficult choices that congress and white house seem unwilling to make. tom schatz says that congress has a very typical way they approach these kinds of spending cuts. here he is again. >> with overlap and duplication is the proclivity in washington to create a program to solve a problem. something's wrong. we're not doing it right. we're falling behind in science and math. let's create five new programs. that has been the approach. >> reporter: as we speak treasury secretary tim geithner is meeting behind closed doors with the white house point man on congressional affairs with senate majority leader harry reid. perhaps we'll learn more about what kind of spending cuts the democrats are proposing after that meeting is done. jenna, back to you. jenna: we'll talk a l
jenna: we heard a lot of different strategies, haven't we, doug, the ways to tackle the debt and deficit. is there any alternative that really exists besides cutting government waste and spending? >> reporter: one potential avenue they could take would be to actually fall off the fiscal cliff. that would necessarily make the difficult choices that congress and white house seem unwilling to make. tom schatz says that congress has a very typical way they approach these kinds of spending...
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Nov 2, 2012
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he said he was going to cut the federal deficit in half. then he doubled it. he said he was going to lower the unemployment rate, down to 5.2% right now. today we learned it actually is.9%. that is nine million jobs what short of what he promised. unemployment is higher today than when barack obama took office. think of that. unemployment is higher today than on the day barack obama took office. [booing]. he promised to propose a plan to save social security and medicare from insolvency. he didn't. rather than he raided $716 billion from medicare to pay for his vaunted obamacare. [booing] he said he would lower health insurance premiums for the average family. by $2500 a year by now. actually by now they are now 3,000 higher for an average family. and gasoline, the american family now pays $2,000 a year more for gasoline than when he was elected. of course he also said he would work across the aisle. the most important issues. listen to this. he has not met on the economy or on the budget or on jobs with either of the republican leader of the house or the sena
he said he was going to cut the federal deficit in half. then he doubled it. he said he was going to lower the unemployment rate, down to 5.2% right now. today we learned it actually is.9%. that is nine million jobs what short of what he promised. unemployment is higher today than when barack obama took office. think of that. unemployment is higher today than on the day barack obama took office. [booing]. he promised to propose a plan to save social security and medicare from insolvency. he...
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Jun 12, 2012
06/12
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added $5 trillion to the deficit and this administration has been about payouts, bailouts, and has not created more jobs for the american people. so that is what this election is going to be about. jon: santi it a, a president obama gets up there, look we tried and it rallies his supporters to the polls. does it work that way? >> very interesting argument. obamacare is romney-care. this is the, this is the policy instituted by governor romney in massachusetts. the sticking point of course will be the mandate. which governor romney was for before candidate romney became against it. president obama was against it, before he was for it. either way i think that americans really need to understand that some kind of national health care plan is here or coming. the aca, affordable care act, is in effect. now governor romney has said that when he becomes president romney he is going to dismantle this plan but he will institute his own. what will that be? we need to know. >> it is not going to be romney-care. the great thing about an experienced public official is that you learn from the polici
added $5 trillion to the deficit and this administration has been about payouts, bailouts, and has not created more jobs for the american people. so that is what this election is going to be about. jon: santi it a, a president obama gets up there, look we tried and it rallies his supporters to the polls. does it work that way? >> very interesting argument. obamacare is romney-care. this is the, this is the policy instituted by governor romney in massachusetts. the sticking point of course...
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Nov 13, 2012
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as part of a different strategy that he used in last year's deficit reduction talks that failed when he and leaders of congress holed up here at the white house and spent late nights trying to hammer out an agreement. this time the president will use public pressure and public appearances in addition to white house arm-twisting to make it clear that the voters agreed with his plan to end bush administration tax cuts for upper income people. jenna? jenna: private arm-twisting, public statements. we'll see if the strategy works this time. wendell, thank you. rick: coming up, we talked about how u.s. shale, that is kind of sedimentary rock, may hold the key to our country's energy independence. now, find out the region of the country that could see a major boom because of it. >>> also the iran nuclear standoff on the agenda at the white house. the president's national security advisor meeting with his israeli counterpart. we'll go in depth coming up next. this is how mommy learned... ...and now... you! [ giggles ] ♪ the one and only, cheerios rick: a lot of military activity in the mi
as part of a different strategy that he used in last year's deficit reduction talks that failed when he and leaders of congress holed up here at the white house and spent late nights trying to hammer out an agreement. this time the president will use public pressure and public appearances in addition to white house arm-twisting to make it clear that the voters agreed with his plan to end bush administration tax cuts for upper income people. jenna? jenna: private arm-twisting, public statements....
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Aug 7, 2012
08/12
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the deficit. robbing future generations just seems to me rather a dangerous route for him to take. whereas romney has promised to lower taxes for all americans, basically unleashing those trillions of businesses are sitting on and providing certainty and opportunity for all americans and yet we've got this ridiculous name-calling. jenna: simon, surprisingly kate does not like the term. does not think it is effective. do you think this is a catchphrase that will win the presidency? >> i think it is another step in the story that barack obama is trying to tell to the american people about what the actual proposals from mitt romney are. he wants to cut taxes on wealthy people. he wants to increase defense spending, which means that if he wants to close the budget deficit, and analysis shows that his plan will increase the deaf sit by $2 trillion dollars he will have to cut dramatically in education, infrastructure, long term r&d the things that create long term prosperity over time. i think the romney plan will not stand up to scrutiny. there is too much emphasis, raising taxes or low
the deficit. robbing future generations just seems to me rather a dangerous route for him to take. whereas romney has promised to lower taxes for all americans, basically unleashing those trillions of businesses are sitting on and providing certainty and opportunity for all americans and yet we've got this ridiculous name-calling. jenna: simon, surprisingly kate does not like the term. does not think it is effective. do you think this is a catchphrase that will win the presidency? >> i...
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May 11, 2012
05/12
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we've got unprecedented spending, record-breaking deficits and debt and of course socialized medicine which remains highly unpopular. so he can't run on any of those things. most american voters when they go to the polls in november will be voting those pocketbook issues. that's why we're seeing him try to deflect attention by talking about everything else. everything but the economy. jon: is he deflecting attention, julie? >> i don't think he is deflecting attention at all. monica knows full well in back in 2008 when this president was not president the economy was in the tank. things were getting worse and worse and worse and worse. you can't set fire to a house and automatically expect the house to be a mansion the next day you have to rebuild it. you have to take a lot of maybe unpopular measures but bottom line we are coming out of, we're out of the recession. people are not happy with the way things are. i understand. there are way too many people who are unemployed but at the same time, look, this takes time. he is on the right track. things are getting better. they will contin
we've got unprecedented spending, record-breaking deficits and debt and of course socialized medicine which remains highly unpopular. so he can't run on any of those things. most american voters when they go to the polls in november will be voting those pocketbook issues. that's why we're seeing him try to deflect attention by talking about everything else. everything but the economy. jon: is he deflecting attention, julie? >> i don't think he is deflecting attention at all. monica knows...
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Dec 31, 2012
12/12
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let's make sure sure we put it and the deficit. you better hope that democrats and republicans say we are not going to borrow any more money. that means adjusting the age or medicare. means testing for medicare and social security and cpi adjustments for the rate of inflation. that's what i want to raise the debt ceiling. in august 2nd of this past year 2011 we borrowed $2.1 trillion the last time we raised the debt ceiling and we've gone through that money in 17 months. we are burning money up here and it has to stop. uma: some folks are saying, why not just go over the cliff and let the country deal with it as the chips fall on that one, because some believe it's the only way to force president obama and the senate democrats to agree on fundamental tax reform. what do you think about that? >> we will get fundamental tax reform i believe as a part of the debt ceiling debate. going over the cliff means that our economy goes in the tank. we've got a very small recovery going on here. it would destroy the recovery, and jon's son is a
let's make sure sure we put it and the deficit. you better hope that democrats and republicans say we are not going to borrow any more money. that means adjusting the age or medicare. means testing for medicare and social security and cpi adjustments for the rate of inflation. that's what i want to raise the debt ceiling. in august 2nd of this past year 2011 we borrowed $2.1 trillion the last time we raised the debt ceiling and we've gone through that money in 17 months. we are burning money up...
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Apr 19, 2012
04/12
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>> >> well, president obama is starting at a deficit with these voters. the republican nominee is expected to win white, working class, noncollege-educated voters. so it's a question of how many votes that president obama might be able with a message about job training and tax fairness, etc., to peel from mitt romney. mitt romney was doing well with those voters. the ones he often didn't win in primaries next to quite well and especially inllg upil deceer. oncee released his tax returns, we found out the rate of taxation that he pays, the amount of investment income he makes every year, there $57,000y without having a job, once that information surfaced in february, his numbers went way down with that group, so he has to fight the get them back. that's why president obama sees an opening with that group. but the republican is expected to, ultimately, win them overall. rick: erin, i want to ask you real quickly here how important are these voters overall when we talk about who's going to win the white house? >> very important because, as you talked about e
>> >> well, president obama is starting at a deficit with these voters. the republican nominee is expected to win white, working class, noncollege-educated voters. so it's a question of how many votes that president obama might be able with a message about job training and tax fairness, etc., to peel from mitt romney. mitt romney was doing well with those voters. the ones he often didn't win in primaries next to quite well and especially inllg upil deceer. oncee released his tax...
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Sep 4, 2012
09/12
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[laughter] jenna: let's get to the basics when it comes to the deficit and some of the arguments we're going to hear from the parties. bill clinton, big speaker wednesday night. and one of the things the president had talked about is, basically, telling the public, listen, i'm just doing what bill clinton did, i'm just putting the tax rates back to what bill clinton did, and that's what we're going back to. you liked that economy, you liked bill clinton, that's going to work for us. how does the gop come back at that type of argument from the president and from the rest of the democrats? >> well, first of all, he wants tax rates to be above what they were under bill clinton, and he doesn't want to do what bill clinton agreed to do after the 1994 elections, and that is cut spending. if you look at the president's budget proposal for the next ten years, it calls for $300 billion in higher taxes, taxes higher than the republican baseline budget. most of those derived by having higher taxes on the wealthy and on small business. one-half of all small business income would be taxed at a high
[laughter] jenna: let's get to the basics when it comes to the deficit and some of the arguments we're going to hear from the parties. bill clinton, big speaker wednesday night. and one of the things the president had talked about is, basically, telling the public, listen, i'm just doing what bill clinton did, i'm just putting the tax rates back to what bill clinton did, and that's what we're going back to. you liked that economy, you liked bill clinton, that's going to work for us. how does...
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May 25, 2012
05/12
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he is saying the deficit is not his fault and defending his record on spending. take a listen. >> listen. the debt and deficit are serious problems and it is true that the depth of the recession added to the debt. a lot more folks were looking for unemployment insurance. a lot fewer folks were paying taxes because they weren't making money. so that added to the debt. our efforts to prevent it from becoming a depression, helping auto industry, making sure that not as many teachers were laid off, all those things added to the debt. but what my opponent didn't tell you was that federal spending since i took office has risen at the slowest pace of any president in almost 60 years. [cheers and applause] jon: let's talk about those claims with paul gigot. he is the editorial page editor of "the wall street journal" so what the president would have us belief he has done a great job i guess of managing our federal spending. has he? >> the only thing i think you can agree with him on he did inherit a recession that did increase spending, there is no question about that. t
he is saying the deficit is not his fault and defending his record on spending. take a listen. >> listen. the debt and deficit are serious problems and it is true that the depth of the recession added to the debt. a lot more folks were looking for unemployment insurance. a lot fewer folks were paying taxes because they weren't making money. so that added to the debt. our efforts to prevent it from becoming a depression, helping auto industry, making sure that not as many teachers were...
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Apr 20, 2012
04/12
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the election is going to be about economy, jobs, deficit, debts, spending and healthcare but dominated by the economy. rick: what about the scandals, the gsa stuff, the secret service stuff, the pictures of the troops that the "l.a. times" published this web. does that rub off on the president in a negative way? >> some of it does and some of it doesn't. my gut tells me that the two-year-old photographs from afghanistan do not. it strikes me that the secret service probably does not. but the gsa does sort of represent what everybody this is is fundamentally wrong with washington, that they are elitist bureaucrats out of touch with ordinary americans and spending our money like they are literally on a drunken vacation at a las vegas resort, which i guess they were. i think you've got to be careful about -- the biggest problem for the president is that it occupies time and it doesn't allow him to get his message out. we will be spepding days and days and days talking about either the afghan or the gsa or the secret service problems. rick: we mentioned some of your credentials in the intr
the election is going to be about economy, jobs, deficit, debts, spending and healthcare but dominated by the economy. rick: what about the scandals, the gsa stuff, the secret service stuff, the pictures of the troops that the "l.a. times" published this web. does that rub off on the president in a negative way? >> some of it does and some of it doesn't. my gut tells me that the two-year-old photographs from afghanistan do not. it strikes me that the secret service probably does...
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Oct 10, 2012
10/12
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e oqeio u f were to be reelected, we would see trillion dollar deficits again and again. our national debt is almost the same now as our total economy, gdp. itakeshaer fn the economy. ne tow hr opndse g kepresident, when i finally get this job, i will cap e spending i will cut it and i will get us on track to a balanced budget. >> there are other differences as well. the president is planning on obamacare cutting medicare for current retirees y 16l inatwr pr made to our seniors and i will rtore the funding and make sure th we protect medicare and social security. one thing that i will mention, the president's budget calls for treating our militaryby undreds of billions of dolrs, and then this wkran eat whhoca wi up another few hundred billion. the secretary of defense has called those kinds of cuts devastating to our national security. i will not cut our military. i will store that funding and in w.t ne he [applause] now, there is one more place where you saw a disnction ben twof u was a held theoominacat bs d pet listen carefully to the president's response. because what
e oqeio u f were to be reelected, we would see trillion dollar deficits again and again. our national debt is almost the same now as our total economy, gdp. itakeshaer fn the economy. ne tow hr opndse g kepresident, when i finally get this job, i will cap e spending i will cut it and i will get us on track to a balanced budget. >> there are other differences as well. the president is planning on obamacare cutting medicare for current retirees y 16l inatwr pr made to our seniors and i will...
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Apr 18, 2012
04/12
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deficit was last year. this is about jobs. the deficit is important. there is no doubt about it the relationship between speaker boehner and president obama has got even frosty as boehner said it's just a matter of trust here where boehner and obama were so close to that deal you talked about, rick, then they didn't get the deal done, and both sides are still pointing fingers to this day. rick: they didn't get the deal son and now speaker boehner is saying that the president basically checked out on labor day at the end of last summer, checked out, went into his re-election mode and has stopped governing. i wonder when we hear the sort of combative tone of speaker boehner and he's not the only republican saying these kind of this is, not just mitt romney. what kind of a role will speaker boehner play in the upcoming general election? >> president obama has the bully pulpit. republicans know they are at a disadvantage. they need republican surrogates to go up against president obama and the bully pulpit, that's why mitch mcconnell on the senate florida
deficit was last year. this is about jobs. the deficit is important. there is no doubt about it the relationship between speaker boehner and president obama has got even frosty as boehner said it's just a matter of trust here where boehner and obama were so close to that deal you talked about, rick, then they didn't get the deal done, and both sides are still pointing fingers to this day. rick: they didn't get the deal son and now speaker boehner is saying that the president basically checked...
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Nov 14, 2012
11/12
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will it take for them to just talk about the deficit to doing something about the deficit. perhaps an artificial crisis like the fiscal cliff. or it could take an outbreak of leadership. i don't know which one is the least likely. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. jenna: we are waiting to hear from president obama. we want to hear what he has to say including the scandals involving general david petraeus and general john allen. as we have been reporting, general david petraeus is offering to give voluntary testimony before congress. lawmakers want to uncover, as you just heard during the live press conference, why the attacks happened. why the administration handled the aftermath way they did. joining us now is a former fbi supervisor agent. he is author of a book that you see on your screen there. he was on the ground after the uss cole attack. now
will it take for them to just talk about the deficit to doing something about the deficit. perhaps an artificial crisis like the fiscal cliff. or it could take an outbreak of leadership. i don't know which one is the least likely. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do....
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Oct 16, 2012
10/12
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>> reporter: the deficit and debt are under control. jenna: big issues and big decisions, facing us and where we want to spend our money including robotic squirrels. shannon, thank you. jon: aren't there enough real squirrels in the nation? they need to build robots? got them all over my neighborhood. i don't know. just wondering. >>> three weeks to go till election day. brand new polling shows a very important shift in women voters toward governor mitt romney. take a look at this. a brand new "usa today-gallup poll" of likely voters in swing states shows governor romney with a 4 point edge over the president. among women voters the pollsters say governor romney closed a massive gender gap. he now trails the president among women by just a point. meanwhile, the latest "real clear politics" national average shows about as tight a race as you can get. governor romney leading the president by .3 of a point. joining us for a fair and balance debate, former new york state republican senator alphonse d'amato, debbie dingell, member the nation
>> reporter: the deficit and debt are under control. jenna: big issues and big decisions, facing us and where we want to spend our money including robotic squirrels. shannon, thank you. jon: aren't there enough real squirrels in the nation? they need to build robots? got them all over my neighborhood. i don't know. just wondering. >>> three weeks to go till election day. brand new polling shows a very important shift in women voters toward governor mitt romney. take a look at...